This entire article hinges on those two words in the second paragraph. Sure, these companies are holding some cash. But if I have $10,000 in my checking account and owe $100,000 in credit card debt, does that make me solvent? No -- especially if I have negative income as many of these companies do.
This entire article hinges on those two words in the second paragraph. Sure, these companies are holding some cash. But if I have $10,000 in my checking account and owe $100,000 in credit card debt, does that make me solvent? No -- especially if I have negative income as many of these companies do.